YEARLY HIGH
0.5586 MUR
YEARLY LOW
0.4128 MUR
YEARLY AVERAGE
0.4990 MUR

2024 RUB to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 0.5586. Conversely, the yearly low was recorded on December 31, dropping to 0.4128.

This high-to-low spread represents a total annual volatility of 0.1459 MUR. From a start-to-finish perspective, comparing the January average rate of 0.5001 to the December average rate of 0.4517, the exchange rate registered a net change of -9.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5586 was down 15.56% compared to the 2023 peak of 0.6615, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RUB based on timing:

Yearly Peak High 2,793 MUR
2023 Average 2,670 MUR
Yearly Trough Low 2,064 MUR
Transaction Impact: A difference of 729.26 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5435
0.4433
JanuMarcMayJulySeptNove

RUB to MUR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.5056, compared to 0.4924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0132 points.

H1 Avg (Jan–Jun) 0.5056
H2 Avg (Jul–Dec) 0.4924

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0742 MUR (High: 0.4871 / Low: 0.4129). On the other end, April was the most stable month, with a tight range of 0.0167 MUR (High: 0.5107 / Low: 0.4939).

November Spread (Volatile) ±0.0742
April Spread (Stable) ±0.0167

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0237 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.5288) against the same month in 2023 (average: 0.5475), the exchange rate shifted by -0.0187 (-3.42%).

2024 Avg (June) 0.5288
2023 Avg (June) 0.5475

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5181 0.4795 0.5001
February 0.5112 0.4813 0.4993
March 0.5049 0.4607 0.4998
April 0.5107 0.4939 0.4996
May 0.5195 0.4957 0.5061
June 0.5586 0.5091 0.5288
July 0.5506 0.5261 0.5352
August 0.5496 0.5012 0.5210
September 0.5307 0.4876 0.5040
October 0.4907 0.4735 0.4803
November 0.4871 0.4129 0.4621
December 0.4718 0.4128 0.4517